NOT LISTED FOR SALE

Estimated Value: $784,654 - $862,000

2 Beds
2 Baths
1,130 Sq Ft
$730/Sq Ft Est. Value

About This Home

This home is located at 3061 Magnolia Ave, Long Beach, CA 90806 and is currently estimated at $825,164, approximately $730 per square foot. 3061 Magnolia Ave is a home located in Los Angeles County with nearby schools including Birney Elementary School, Hughes Middle School, and Long Beach Polytechnic High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Pacheco Roberto Guillen and Pacheco Nidia Soledad
Bought by
And Roberto Guillen Pach and Panizo Nidia Soledad
Current Estimated Value
$825,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Outstanding Balance
$663,377
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$150,888

Purchase Details

Closed on
Oct 14, 2020
Sold by
Panizo Nidia
Bought by
Pacheco Roberto Guillen and Panizo Nidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 2005
Sold by
Guillen Roberto
Bought by
Panizo Nidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 15, 2003
Sold by
Contreras Ernesto and Contreras Carol
Bought by
Panizo Nidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 10, 1993
Sold by
Childers Donald L and Goodwin Willie L
Bought by
Contreras Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,096
Interest Rate
7.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
And Roberto Guillen Pach -- First American Title Insurance
Pacheco Roberto Guillen -- First American Title Company
Panizo Nidia -- Itc Sb
Panizo Nidia $345,000 Gateway Title Company
Contreras Ernesto $158,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open And Roberto Guillen Pach $684,000
Previous Owner Pacheco Roberto Guillen $140,000
Previous Owner Panizo Nidia $435,000
Previous Owner Panizo Nidia $348,000
Previous Owner Panizo Nidia $43,500
Previous Owner Panizo Nidia $276,000
Previous Owner Contreras Ernesto $171,000
Previous Owner Contreras Ernesto $156,096
Closed Panizo Nidia $51,750
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,367 $490,500 $331,411 $159,089
2024 $6,367 $480,883 $324,913 $155,970
2023 $6,260 $471,455 $318,543 $152,912
2022 $5,880 $462,212 $312,298 $149,914
2021 $5,763 $453,150 $306,175 $146,975
2019 $5,682 $439,711 $297,095 $142,616
2018 $5,478 $431,090 $291,270 $139,820
2016 $5,042 $414,352 $279,960 $134,392
2015 $4,624 $389,000 $263,000 $126,000
2014 $4,680 $389,000 $263,000 $126,000
Source: Public Records

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